Kazakhstan's trade with Guangdong province grew by 37% in a year
21.08.2025 13:09:10 120The Trade and Economic Mission of Kazakhstan (TEM) was held in Guangzhou, bringing together representatives of more than 20 Kazakhstani companies and leading business circles of Guangdong Province.
The forum was opened by the Minister of Trade and Integration of the Republic of Kazakhstan Arman Shakkaliyev. He emphasized that Kazakhstan and China are strategic allies, and the trade turnover between the countries for the first half of 2025 amounted to almost $15 billion, which is 5.9% more than the same period last year.
Separately, the minister noted the potential of Guangdong Province, the largest economy in China with a GDP of $1.9 trillion, where trade with Kazakhstan grew by 37.3% last year.
A number of memorandums were signed within the TEM, including a cooperation agreement between the single operator for export development "QazTrade" and the Guangdong Chamber of Commerce of Importers & Exporters. Based on this agreement, as well as following the negotiations, relations were established with the leading trade associations of the province, which made it possible to reach specific agreements on the supply of rapeseed oil, feed meal and barley for a total of $45 million. In addition, the Chinese side showed significant interest in such goods as crackers, natural juices and dry camel milk, which opens up additional prospects for expanding the export of Kazakh products to China.
Along with trade contracts, infrastructure issues were also discussed. Kazakhstan remains a key transit hub on the China-Europe route. Today, over 80% of cargo passes through its territory. Within the framework of the One Belt, One Road initiative and the Trans-Caspian Corridor, the country intends to increase the volume of transportation along the Middle Corridor to 10 million tons per year by 2030.
The forum participants paid significant attention to investment cooperation. Over the years of independence, Kazakhstan has attracted $26.4 billion in Chinese investment. Today, 224 industrial projects worth over $66 billion are in progress, 67 of which have already been successfully completed. These figures demonstrate a high level of business trust and the sustainability of the partnership.
Summing up, Arman Shakkaliyev invited Guangdong entrepreneurs to more actively consider Kazakhstan as a platform for new projects: "We are ready to offer our partners favorable conditions, tax preferences and modern infrastructure. Kazakhstan will become a golden bridge for entering the markets of Central Asia, the CIS, the Middle East and Europe."
Following the mission, the parties agreed to expand supplies, launch new joint initiatives and strengthen interregional ties. The TEM in Guangzhou became an important milestone in the development of the strategic partnership between Kazakhstan and China.
Source : https://www.gov.kz/memleket/entities/mti/press/news/details/1054591?lang=kk